Sunsonix™ Selected as Arizona Innovation Challenge Winner
Sunsonix has been awarded a share of a $1.5 million grant from Arizona’s Commerce Authority (ACA). Sunsonix and seven other high technology companies were selected for funding from over 100 participants. Companies were selected by a group of Venture Funds and Angel Funds working on behalf of the ACA. Winning companies were selected on their ability to attract outside capital investment, generate export sales revenue and on their position in high growth markets.
“The ACA is focused on facilitating investment in Arizona’s entrepreneurs and small technology ventures,” said Don Cardon, President and CEO of the ACA. “Funds from our Arizona Innovation Challenge bridge the gap between Research & Development and the commercial launch of new technologies, allowing these companies to speed to market some very promising new technology.”
Sunsonix will use the funding to accelerate the commercialization of SX-E™ crystalline silicon photovoltaic cleaning solutions and develop the complementary SX-Tracer™ in-line bath chemistry monitor. The funding also facilitates more intensive process demonstration activities by Sunsonix with prospective PV wafer and cell manufacturing clients.